International Battery Metals Ltd. (IBAT)

International Battery Metals Ltd. (IBAT) is an advanced technology company dedicated to developing environmentally responsible methods for extracting lithium compounds from brine. The company's mission centers on providing critical minerals for the battery industry through sustainable and efficient extraction processes. Headquartered in Houston, Texas, IBAT aims to reshape the future of lithium mining.

IBAT specializes in its proprietary Modular Direct Lithium Extraction (MDLE) technology. This innovative system allows for the rapid deployment and assembly of lithium extraction plants directly at customer sites. The MDLE technology is designed to efficiently process brine solutions, extracting lithium chloride which can then be further refined into battery-grade lithium carbonate or hydroxide. Key advantages of IBAT's technology include high recovery rates (up to 97-98% of available lithium and water), minimal environmental impact through the absence of chemicals and evaporation ponds, and reduced capital and operating costs compared to conventional extraction methods.

Joseph A. Mills assumed the role of Chief Executive Officer in April 2025. A significant milestone for the company was the commencement of operations at its first commercial modular DLE plant in Utah in July 2024, marking it as the first commercial DLE operation in North America and the world's first modular DLE operation. In September 2025, IBAT further expanded its global reach by signing a collaboration agreement to explore DLE opportunities in the Middle East. The company is strategically positioned to meet the escalating demand for lithium-ion batteries, crucial for electric vehicles and energy storage solutions, by offering a cleaner, faster, and more cost-effective extraction alternative.